Q4 2024 REE Automotive Ltd Earnings Call Transcript

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May 15, 2025

May 15, 2025 / 12:30PM GMT
Operator

Good morning and thank you for joining us on today's conference call to discuss REE Automotive's fourth quarter and full year 2024 results. During the course of this call, management will make, express, and imply forward-looking statements within the Private Securities Litigation Reform Act of 1995 and other US Federal securities laws.

These forward-looking statements include but are not limited to those statements regarding the company's financial condition, including the impact that it will have on Reis's future business and plan. It's ability to implement its current business, including as impacted by the going concern. It's plan to address its going concern, including through a significant reduction in operational expenses, which includes a reduction in force.

It needs to obtain significant additional financing. The growing demand for res products and technology from OEMs and technology companies as reflected in expanding customer reservations and deepening engagement with OEMs.

The ability to generate revenue from REEai Cloud, the implementation of the next phase of our

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